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Expedia, Inc. announced financial results for its second quarter ended June 30, 2009. "Expedia is consistently executing across all of its business lines," said Barry Diller, Expedia Inc.’s Chairman and Senior Executive. "Notwithstanding the broader issues of the world economy, Expedia is proving it can manage in any environment – a testament to its business model and superior management."
"To deliver 26% worldwide room night and continued OIBA growth in this environment speaks volumes about the abilities and execution of the global Expedia team," said Dara Khosrowshahi, Expedia Inc.’s CEO and President. "Significant improvements in our customer value proposition, marketing efficiencies and improved cost control are just a few of the many accomplishments driving our businesses forward. There is much environmental uncertainty and a lot of hard work left to do, but we are well on our way."
Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.
